Ireland’s role in global pharmaceutical supply chains is hitting new highs, driven by explosive U.S. demand for blockbuster GLP-1 weight-loss drugs and insulin analogs. In 2025, a record-breaking $36 billion worth of hormones was shipped by air from Ireland to the United States — more than double last year’s total. A Trade Boom Fueled by [...]
Once again, global focus has turned to the Strait of Hormuz crisis, after renewed threats from Iran to close this strategic passage following Israeli airstrikes. This narrow stretch of water sees over 20% of the world’s oil and a quarter of global LNG pass through daily, according to the Energy Information Administration. The market reaction [...]
Switzerland has officially claimed the top spot in the IMD World Competitiveness Ranking 2025, overtaking Singapore and Hong Kong to become the world’s most competitive economy. This prestigious recognition comes from the IMD World Competitiveness Ranking, which evaluates economies based on governance, infrastructure, macroeconomic performance, and business efficiency. In 2025, Switzerland stood out thanks to [...]
The European Union has announced its 17th round of sanctions on Russia, this time targeting nearly 200 vessels in what’s known as the “shadow fleet.” These tankers are part of a vast, covert network helping Russia continue oil exports despite mounting restrictions. But while the sanctions are escalating, their actual impact remains questionable. See the [...]
China’s centrally planned neo-Keynesian growth model is showing serious cracks — and a China trade deal may now be more urgent than ever. After years of fueling expansion through overcapacity and debt, the country faces falling industrial utilization, rising insolvencies, and weakening consumer demand. Overcapacity by Design Today, China produces 30% of the world’s goods [...]
The U.S. dollar has taken a noticeable hit in recent months — but is this truly the beginning of the end for the world’s reserve currency? Between January and July, we saw the dollar decline, and the euro-dollar exchange rate jumped from $1.024 to $1.125, reflecting a roughly 10% drop in the dollar’s value. Similar [...]
